Launch of Third Round of PLI Scheme for Specialty Steel

Union Minister of Steel and Heavy Industries, Shri H.D. Kumaraswamy, has launched the third round of the Production-Linked Incentive (PLI) scheme for Specialty Steel, aiming to attract new investments in advanced steel products. The scheme has already garnered ₹43,874 crores in investment and created over 30,000 jobs. The new round will cover 22 product sub-categories and offers incentives ranging from 4% to 15% of incremental sales for a period of five years, starting from FY 2025-26.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link